EU countries must send anti-missile systems to Ukraine, Borrell says
CAPRI, Italy (Reuters) – European Union countries must send their anti-missile systems to bolster Ukraine’s air defences as Russia pounds its cities, the EU’s top diplomat said on Thursday, warning that Europe…
Latin American development bank approves $1.65 billion in financing for 5 countries
PANAMA CITY – The CAF-Development Bank of Latin America said on Tuesday it has approved $1.65 billion in financing for Argentina, Brazil, Paraguay, Peru and Trinidad and Tobago, and the funding rounds…
Europe Begs Authoritarian Countries For Gas Amid Energy Crisis
Europe Begs Authoritarian Countries For Gas Amid Energy Crisis Micaela Burrow on July 18, 2022 European leaders traveled to authoritarian countries Monday in search of new energy deals as Russia’s threats to…
G20 finance chair warns on risks to poor countries if no consensus
NUSA DUA, Indonesia – Indonesian Finance Minister Sri Mulyani Indrawati said on Friday failure by G20 finance chiefs meeting in Bali to reach consensus could be catastrophic for low-income countries amid soaring…
Israel, Middle East Countries Crafting Deal To Build Regional Defense Network: REPORT
Israel, Middle East Countries Crafting Deal To Build Regional Defense Network: REPORT Micaela Burrow on June 30, 2022 Israel is in consultations with Middle Eastern countries to install Israeli-made defense systems on…
EU countries, lawmakers agree on rules to curb subsidised foreign companies
BRUSSELS – EU countries and EU lawmakers on Thursday agreed on rules to curb acquisitions or bids for public contracts by subsidised foreign companies in a bid to ensure a level playing…
World Bank’s Reinhart sees ‘long haul’ before any debt reductions for developing countries
By Andrea Shalal MADRID – World Bank chief economist Carmen Reinhart said it could take many more years before the growing number of heavily indebted countries see any substantive reduction in their…
G7 Pays Lip Service To Climate While Proposing Natural Gas Build-Out To Aid Developing Countries
G7 Pays Lip Service To Climate While Proposing Natural Gas Build-Out To Aid Developing Countries Micaela Burrow on June 28, 2022 G7 leaders announced an initiative to counter Chinese infrastructure developments in…
EU countries reach deal on climate laws after late-night talks
By Kate Abnett LUXEMBOURG -EU countries clinched deals on proposed laws to combat climate change early Wednesday, backing a 2035 phase-out of new fossil fuel car sales and a multibillion-euro fund to…
‘Thuggish Behavior’: Countries Are Using An International Policing Body To Target Americans. Here’s The Latest Example
‘Thuggish Behavior’: Countries Are Using An International Policing Body To Target Americans. Here’s The Latest Example Micaela Burrow on June 26, 2022 India tried to issue an international wanted ad for an…
As deadline looms, countries struggle to agree on protecting nature
By Gloria Dickie and Duncan Miriri NAIROBI – With only two days left to hash out a U.N. draft agreement to protect global biodiversity, organizers on Friday urged delegates in Nairobi to…
UK proposes new trading system for developing countries
LONDON – British Prime Minister Boris Johnson will praise the benefits of free trade between Commonwealth countries on a visit to Rwanda on Thursday as he proposes a new system for boosting…
Countries would implement minimum corporate tax to avoid revenue loss, says Yellen
TORONTO – U.S. Treasury Secretary Janet Yellen said on Monday that once some countries start implementing a global minimum tax on multi-national companies, other countries with a lower corporate tax rate would…
Miner Fortescue says it won’t shy away from countries with troubled human rights
NEW YORK – Andrew Forrest, the chairman and founder of Australian miner Fortescue Metals, said on Tuesday he does not believe his company should shy away from investing in countries with troubled…
Toronto Man Sentenced to Federal Prison for Operating Dozens of Illegal Asian Brothels in Three Countries
PORTLAND, Ore.—A Canadian man was sentenced to federal prison today for his leadership role in an international sex trafficking organization operating dozens of illegal Asian brothels in the United States, Canada and…
IMF urges countries to support vulnerable, avoid blanket subsidies as food, fuel prices soar
By Rachel Savage LONDON – The IMF said on Tuesday governments fighting soaring food and fuel prices should target aid to vulnerable citizens rather than issue across-the-board aid that risked adding to…
Biden to exempt tariffs on solar panels from Southeast Asian countries for 24 months -source
WASHINGTON – U.S. President Joe Biden will issue a proclamation on Monday that will allow solar panels to be imported to the United States from Thailand, Malaysia, Cambodia and Vietnam without risk…
18-wheeler driver convicted of smuggling 73 people from six countries
CORPUS CHRISTI, Texas – A 24-year-old Mission man has pleaded guilty to illegally transporting non-U.S. citizens within the United States, announced U.S. Attorney Jennifer B. Lowery. Leonardo Davila Jr. admitted to smuggling…
Russian cenbank allows share purchases in companies from ‘friendly’ countries
(Reuters) – Russia’s central bank on Friday authorised Russian residents to buy shares in companies from “friendly” countries, provided the transactions were denominated in roubles or the currency of the foreign country.…
WHO asks countries to increase surveillance for Monkeypox
(Reuters) – About 200 confirmed and more than 100 suspected cases of Monkeypox have been detected so far outside of the countries where it usually spreads, a World Health Organization official said…
Countries Are Hoarding Food Supplies As Prices Spike, Hunger Crisis Looms
Countries Are Hoarding Food Supplies As Prices Spike, Hunger Crisis Looms Laurel Duggan on May 25, 2022 Countries are imposing export restrictions on food in light of shortage concerns sparked by the…
Industry groups want G7 countries to align climate ambitions -BDI
FRANKFURT – The Group of Seven (G7) economic powers should align international climate protection ambitions along the lines of a “climate club” proposed by German Chancellor Olaf Scholz, the head of the…
Drugmakers propose swift pandemic response benefiting poorer countries
FRANKFURT – Global drugmakers are lobbying for wealthy nations to fund a supply mechanism that would secure vaccines for low-income countries without delay in case of a new pandemic, but said the…
Record numbers of people displaced in their own countries in a ‘world falling apart’
By Emma Farge GENEVA – In a world beset by conflicts and natural disasters, the number of people who fled their homes and sought shelter within their own countries hit a record…
Don’t assume ‘imperialistic’ Putin won’t attack other countries, Scholz says
BERLIN -German Chancellor Olaf Scholz said on Tuesday no-one could assume that Russia would not attack other countries given its violation of international law in Ukraine and Germany would support Finland and…
Malaysia urges countries to prioritise food over fuel as Indonesia bans palm exports
By Mei Mei Chu KUALA LUMPUR – Countries should pause or slow use of edible oil as biofuel to ensure adequate supply for use in food, a state-backed Malaysian palm oil group…
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